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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%Dec 19 3:59 PM EST

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To: Lizzie Tudor who wrote (72848)8/9/1999 8:54:00 PM
From: Jan Crawley  Read Replies (2) of 164684
 
You really think this psycological $100 barrier is a big deal Jan? I was thinking yhoo would be a bad one to short because fundamentally they are the strongest

Michelle, remember when Blodget came out in May, while Yhoo was trading @160+ and recommended to start the "earlier pre-e-run accumulation". Then Yhoo dropped to $120 twice during late June before the e-run to $189. So I think last Fridays' "Mary says" and the "priority list" was too early too.

I do think that Yhoo will stand awefully alone if nobody recovers in the next few weeks. However, I will not try to short Yhoo from here unless just a very quick trade. Just checked Yhoo's option table, we have more puts than calls for OI and for today, but still hard to tell.
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